[Federal Register Volume 66, Number 86 (Thursday, May 3, 2001)]
[Notices]
[Pages 22230-22231]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-11038]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.

[[Page 22231]]

    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than May 29, 2001.
    A. Federal Reserve Bank of Atlanta (Cynthia C. Goodwin, Vice 
President) 104 Marietta Street, NW., Atlanta, Georgia 30303-2713:
    1. Financial Investors of the South, Birmingham, Alabama; to 
acquire 100 percent of the voting shares of Capital Bank (in 
organization), Montgomery, Alabama.
    2. Wewahitchka State Bank Employee Stock Ownership Plan, 
Wewahitchka, Florida; to acquire 50 percent of the voting shares of 
Gulf Coast Community Bancshares, Inc., Wewahitchka, Florida, and 
thereby indirectly acquire Wewahitchka State Bank, Wewahitchka, 
Florida.
    B. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Advantage Bancorp, Woodbury, Minnesota; to become a bank holding 
company by acquiring 100 percent of the voting shares of First Choice 
Bank (in organization), Geneva, Illinois.
    2. CIB Marine Bancshares, Inc., Pewaukee, Wisconsin; to merge with 
Citrus Financial Services, Inc., Vero Beach, Florida, and thereby 
indirectly acquire Citrus Bank, NA, Vero Beach, Florida.
    3. Hustisford Community Bancorp, Inc., Hustisford, Wisconsin; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Hustisford State Bank, Hustisford, Wisconsin.
    C. Federal Reserve Bank of Minneapolis (JoAnne F. Lewellen, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. American Summit Financial Holdings, LLC, Eden Prairie, 
Minnesota; to become a bank holding company by acquiring up to 60 
percent of the voting shares of Superior Financial Holding Company, Two 
Harbors, Minnesota, and thereby indirectly acquire Lake Bank, N.A., Two 
Harbors, Minnesota.

    Board of Governors of the Federal Reserve System, April 27, 
2001.
Robert deV. Frierson
Associate Secretary of the Board.
[FR Doc. 01-11038 Filed 5-2-01; 8:45 am]
BILLING CODE 6210-01-S